If you don't see your property type listed, please call Chase at 1-800-873-6577 for more information.

Down payment ($USD)*

Use of property

Points

Points

POINTS

Paying discount points will lower your interest rate (as well as your monthly payment) over the life of the loan. When you pay a discount point, you essentially pay part of your interest to the lender up front. One discount point is typically equal to 1% of the loan amount, paid at closing. For example, one point on a $100,000 loan would require a $1,000 payment up front. Generally speaking, the longer you plan to remain in a property or hold your mortgage, the more advantageous it is to pay points. There is no requirement to pay discount points; whether or not you decide to pay points is completely up to you.

State*

FICO score or
credit rating*

Fico Score

Credit History

Your credit file and score - which are primarily based on your loan paying credit/debt history - are used to make decisions about loans and interest rates available to you. As a key component in evaluating you as a credit risk, lenders use this information to see if you have missed payments, carry high balances, or are in other ways over extending yourself financially. For this reason, it's a good idea to check your credit report to make sure inaccuracies aren't impacting your credit.

You may use the following categories as a general guideline in evaluating your own creditworthiness (please note that these are general guidelines only-other factors will often be included in the loan approval or credit evaluation process):

Excellent credit:

Credit scores of 750 and above (Search will use 750, rates vary within this category)

At least 5 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months

All accounts have been paid as agreed

No public records of bankruptcy, foreclosure, serious past due accounts, or collections within the last 7 years

Low current credit balance relative to maximum available credit limit

Minimum number of credit inquiries

Very good credit:

Credit scores between 700-749 (Rate search will use 720, rates vary within this category)

At least 5 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months

All accounts have been paid as agreed

No public records of bankruptcy, foreclosure, serious past due accounts, or collections within the last 7 years

Low current credit balance relative to maximum available credit limit

Minimum number of credit inquiries

Good credit:

Credit scores between 660-699 (Rate search will use 680, rates vary within this category)

At least 5 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months

Most accounts have been paid as agreed, with only occasional late payments

No public records of bankruptcy, foreclosure, serious past due accounts, or collections within the last 10 years

May have significant current credit balance relative to maximum available credit limit

Several recent credit inquiries

Fair credit:

Credit scores between 620-659

At least 3 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months

Most accounts have been paid as agreed, with only occasional late payments

No public record of bankruptcy, foreclosure, serious past due accounts, or collections within the last few years

May have significant credit balance relative to maximum available credit limit

This site is directed at, and made available to, persons in the United States. All mortgage loans offered through JPMorgan Chase Bank, N.A. All loans subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Chase only originates mortgage loans within the United States of America.